MGM Resorts President and CEO Bill Hornbuckle had a simple message for his company this week after extortionate prices have kept people away from his hotels in Las Vegas: “Shame on us.”
In an earnings call Wednesday, Hornbuckle said the company has “price-corrected” its resorts following a summer of backlash over steep charges, including the “infamous” $26 bottle of Fiji water at the Aria hotel.